Category Archives: Sheldon Adelson

Sheldon Adelson, wuss; MGM pounces; Slipper-y logic; Enter whining

Posted on January 12, 2012 by David McKee

What manner of fool spends $5 million to disseminate a film that he’s never seen and whose content he claims not to endorse? Sheldon Adelson, that’s who. After his latest political favorite got clobbered in the New Hampshire primary, Adelson … Continue reading →

Posted in Alex Yemenidjian, Ameristar, Cordish Co., Dan Lee, Donald Trump, Economy, Election, Harrah's, Iowa, Isle of Capri, Jack Binion, Louisiana, Massachusetts, Mississippi, Movies, Neil Bluhm, Penn National, Pennsylvania, Pinnacle Entertainment, Politics, Racinos, Regulation, Sheldon Adelson, Station Casinos, Tourism, Transportation, Tribal, Tropicana Entertainment, TV | Comments Off on Sheldon Adelson, wuss; MGM pounces; Slipper-y logic; Enter whining

Trouble at Wynncore; ‘Phantom’ exorcised

Posted on January 12, 2012 by David McKee

Steve Wynn (no introduction required) and old pal — and major investor — Kazuo Okada are having a falling-out that spilled into the files of the SEC. Okada has lined up heavyweight Las Vegas law firm Lionel Sawyer & Collins … Continue reading →

Posted in Dining, Entertainment, Harrah's, International, Macau, MGM Mirage, Regulation, Sheldon Adelson, Steve Wynn, Wall Street | 2 Comments

Belated Christmas presents

Posted on January 10, 2012 by David McKee

Good news is busting out all over, starting in the unlikeliest place … Atlantic City. Ye Olde Boardwalk was up 4% last month, its first revenue-positive month in 15 quarters. Even a 10% fall in table drop couldn’t put a … Continue reading →

Posted in Atlantic City, Boyd Gaming, Colony Capital, Current, Dennis Gomes, Donald Trump, Economy, Election, Genting, Harrah's, Horseracing, Illinois, Neil Bluhm, New York, Pennsylvania, Politics, Racinos, Sheldon Adelson, Tilman Fertitta, Tribal, Tropicana Entertainment, Wall Street | 1 Comment

Sunshine State sap

Posted on January 10, 2012 by David McKee

Backers of Florida casinos, working under the rubric of Associated Industries of Florida, evidently take voters down there for simpletons. Their ‘See Spot Run’ pitch for casino-based destination resorts describes something that sounds very much like Venelazzo or Wynncore, then … Continue reading →

Posted in Architecture, Atlantic City, Boyd Gaming, Florida, history, Macau, Marketing, MGM Mirage, Politics, Sheldon Adelson, Singapore, Steve Wynn, The Strip, Tourism, Tribal | Comments Off on Sunshine State sap

Adelson: Whining our future; The online deluge

Posted on January 9, 2012 by David McKee

Apparently there’s no avoiding what has become the story of the day: Sheldon Adelson‘s $5 million dowry to presidential aspirant Newt Gingrich. It’s a gift that comes with a substantial pre-nup; if Gingrich falters in South Carolina, American Crossroads and … Continue reading →

Posted in Alex Yemenidjian, Atlantic City, Boyd Gaming, Colony Capital, Current, Economy, Election, Florida, George Maloof, Harrah's, Harry Reid, Hooters, International, Internet gambling, Marketing, Massachusetts, MGM Mirage, Pennsylvania, Politics, Regulation, Sheldon Adelson, South Carolina, The Strip, Wall Street | 4 Comments

Vegas’ newest low-roller joint; Is the Lion extinct?; Another classy Sands moment

Posted on January 4, 2012 by David McKee

Move over, Longhorn and Vegas Club. The spirit of Nevada Palace (R.I.P.) hath descended upon the Palms. If recent sackings of Bunny dealers portended a sea change at the former George Maloof property, during my latest visit I practically collided … Continue reading →

Posted in Animals, Current, Dining, Entertainment, George Maloof, Harrah's, Marketing, MGM Mirage, Pennsylvania, Sheldon Adelson, The Strip | 3 Comments

Best new casino-hotel of 1998 …

Posted on January 4, 2012 by David McKee

… goes to the Octavius Tower at Caesars Palace, which opened last month. It’s tucked far enough away from the casino floor to provide some mental lebensraum as well, and it has a dedicated check-in desk. Since it directly overlooks … Continue reading →

Posted in Architecture, CityCenter, Donald Trump, Encore, Hard Rock Hotel, Harrah's, Sheldon Adelson, The Strip | 4 Comments

Adelson vacillates; Macao triumphs; Name of infamy

Posted on January 4, 2012 by David McKee

Showing something less than his usual decisiveness, Sheldon Adelson continues to send mixed signals with regard to his intentions in his native Massachusetts. He’s re-upped with Boston-based lobbyist firm Donoghue Barrett & Singal. However, despite years of scouting the market, … Continue reading →

Posted in Colony Capital, Current, Economy, Goldman Sachs, Harrah's, Iowa, Macau, Massachusetts, Penn National, Regulation, Sheldon Adelson, The Strip, Wall Street | Comments Off on Adelson vacillates; Macao triumphs; Name of infamy

Pennsylvania gives thanks; Aqueduct, superstar

Posted on December 16, 2011 by David McKee

This has been a terrible fortnight for S&G but, hey, we’ve got some good news from Pennsylvania. Last month’s gambling revenues were reported this morning and they’re up 12%, thanks mostly to the growing popularity of table games. (Atlantic City, … Continue reading →

Posted in Atlantic City, Bally Technologies, Cannery Casino Resorts, Current, Economy, Genting, IGT, Illinois, Macau, Neil Bluhm, Pennsylvania, Racinos, Sheldon Adelson, Singapore, Steve Wynn, Tribal, Wall Street, WMS Industries | 2 Comments

Twin tragedies

Posted on December 5, 2011 by David McKee

That nexus in which the media and Big Gaming interact is conspicuously less populous today. First came the news that Sarah Ralston (1961-2011) had died a fortnight ago, following what is characterized as “a brief illness.” From 1995 until 2000, … Continue reading →

Posted in Columbia Sussex, history, Louisiana, Sheldon Adelson, The Strip | 6 Comments

Casinos in Kentucky … soon?; Tenants to Sands: Let my people go!

Posted on December 2, 2011 by David McKee

Per S&G‘s prediction, Kentucky Gov. Steve Beshear (D) wasted little time after winning reelection before resuming his push for casino legalization. You’d never think that he beat opponent state Senate President David Williams (R) like a drum at the ballot … Continue reading →

Posted in Current, Dining, Economy, Election, Entertainment, Kentucky, Pennsylvania, Racinos, Sheldon Adelson, Station Casinos, Taxes, The Strip | Comments Off on Casinos in Kentucky … soon?; Tenants to Sands: Let my people go!

Fight the power

Posted on December 2, 2011 by David McKee

PROTECT IP / SOPA Breaks The Internet from Fight for the Future on Vimeo. Sheldon Adelson and Steve Wynn are huge admirers of the despotic government of China, which censors the Internet wholesale. So I’m sure they just lurve this … Continue reading →

Posted in Current, Internet gambling, Macau, Regulation, Sheldon Adelson, Steve Wynn, Technology | Comments Off on Fight the power

Boyd: Trapped in Florida; Sands muzzled in Singapore; Good vibes in Macao

Posted on November 29, 2011 by David McKee

This is a good time to be in Florida, right? Not if you’re Boyd Gaming and have been trying to unload Dania Jai-alai, souvenir of a half-assed venture into the Sunshine State’s racino market. The company has scrapped an $80 … Continue reading →

Posted in Boyd Gaming, Colony Capital, Current, Economy, Genting, Harrah's, Macau, MGM Mirage, Racinos, Regulation, Sheldon Adelson, Singapore, Stanley Ho, Steve Wynn, The Strip, Wall Street | Comments Off on Boyd: Trapped in Florida; Sands muzzled in Singapore; Good vibes in Macao

Sanguine Sands; Genting vs. Islamofascism; Arkansas vs. Missouri

Posted on November 23, 2011 by David McKee

Las Vegas Sands dispatched its international overseer, Rob Goldstein (right) and sidekick Dan Briggs to New York as envoys to Wall Street. As reported by J.P. Morgan‘s Joseph Greff, Sands’ outlook is sanguine, particularly with regard to the Singapore and … Continue reading →

Posted in Architecture, Atlantic City, Colony Capital, Economy, Election, Florida, Genting, Goldman Sachs, International, Macau, Massachusetts, Missouri, Politics, Sheldon Adelson, Singapore, Taxes, Texas, The Strip, Tourism, Wall Street | 2 Comments

Jack Abramoff, human sewage; Massachusetts: It’s done

Posted on November 22, 2011 by David McKee

Victor Rocha says it best: “Jack Abramoff is still the scum off the earth.” The unrepentant ripoff artist — to call him a snake in the grass would be a slander upon serpents — claims his only failing was to … Continue reading →

Posted in Ameristar, California, Don Barden, Election, Harrah's, history, Louisiana, Massachusetts, Missouri, Movies, Oklahoma, Penn National, Politics, Racinos, Regulation, Sheldon Adelson, Steve Wynn, Taxes, Texas, The Mob, Tribal | Comments Off on Jack Abramoff, human sewage; Massachusetts: It’s done

Hold that recovery!

Posted on November 17, 2011 by David McKee

Just when things were looking good … I mean, after many a premature prediction of economic recovery, room-rate trends on the Las Vegas Strip were looking like change in which one could believe. J.P. Morgan projections for the fourth quarter … Continue reading →

Posted in Cosmopolitan, Current, Economy, Harrah's, MGM Mirage, Sheldon Adelson, Steve Wynn, The Strip, Tourism | 4 Comments

Ameristar goes East; Colony’s secret formula revealed

Posted on November 17, 2011 by David McKee

Yesterday morning, Wall Street was advised by Ameristar Casinos that the latter had forked over $16 million for land in Springfield, Massachusetts. Given that Ameristar has been in extreme-caution mode since the death of founder Craig H. Neilsen and the … Continue reading →

Posted in Ameristar, Architecture, Atlantic City, Colony Capital, Current, Detroit, Indiana, Maryland, Massachusetts, Movies, Penn National, Pennsylvania, Politics, Sheldon Adelson, Tribal | 3 Comments

Atlantic City: Fertitta struggling, Gomes triumphing, Boyd steady

Posted on November 10, 2011 by David McKee

No surprise that Borgata remains in a class by itself among Atlantic City resorts. It finished October at 0.0% deviance from last year, as flat as “flat” can be. The lone gainer in the market was Resorts Atlantic City, up … Continue reading →

Posted in Atlantic City, Colony Capital, Current, Dennis Gomes, Detroit, Donald Trump, Economy, Genting, Harrah's, Melco Crown Entertainment, MGM Mirage, New York, Racinos, Regulation, Sheldon Adelson, Singapore, Steve Wynn, Tilman Fertitta, Tourism, Tropicana Entertainment, Wall Street | 1 Comment

Rock, Paper, City; Generosity at Caesars, shopping at Sands

Posted on November 2, 2011 by David McKee

While Massachusetts lawmakers sharpen their scissors in order to cut and paste two versions of the Lege’s casino-enabling bill, the city of Holyoke is happy to find itself between Hard Rock International and Paper City Development. The partnership has its … Continue reading →

Posted in Atlantic City, Current, Detroit, Economy, Election, Harrah's, Maine, Massachusetts, MGM Mirage, Penn National, Pennsylvania, Racinos, Sheldon Adelson, Sports, The Strip, Tribal | 1 Comment

Going home again; Hotel Hell: The sequel

Posted on November 1, 2011 by David McKee

Here’s a casino-development story with several personal angles. When I lived in Minneapolis and wrote from the since-defunct Twin Cities Reader, my publisher was R.T. Rybak. Now he’s mayor of the city and is trying to hold onto the perennially … Continue reading →

Posted in Ameristar, Atlantic City, Boyd Gaming, Cordish Co., Culinary Union, Current, Donald Trump, Economy, Genting, Harrah's, Herbst Gaming, Isle of Capri, Lyle Berman, Marketing, MGM Mirage, Minnesota, Neil Bluhm, Ohio, Penn National, Sheldon Adelson, Sports, Steve Wynn, Taxes, The Strip, Tourism | 4 Comments